When we first started meeting with a financial planner back in 2010 we talked about a number of things. When she presented us with our "Investment and Wealth Strategies," folder one of the things she had said was that we will live until we are 90 and that is the age they use to prepare our forecast.
I was aghast to think I would live until I was 90. Everyone I know that is in their 80's or 90's don't seem to be happy. They are at best "surviving," waiting until it's their time to go. Now don't get me wrong I would assume there are plenty of people out there that have happy and full filled lives at that age, but I don't know any of them.
The one woman I do know in her 90's is in a nursing home, nearly blind, nearly deaf, other wise as healthy as a horse. She has no family, and sits there day and night. She was saying to my mother the other day that she hasn't been out of the home in over a year. Now will say that is mostly her doing as my mam has asked her to go out on a number of occasions only to be met with excuses on why she can't.
Yes I agree people do live longer nowadays and as recently as last week we were sorting out our life insurances to make sure they DO NOT stop when we are 70, as we feel we will live to be older than 70, or at least hope we last longer than that. However, I always figured, that as my grandmother's passed away in their 70's I would last about that long too.
Bit of a morbid subject for a Monday morning, sorry.